1136 LAKE SHORE DRIVE
SARASOTA, FL 34231
Listing courtesy of COMPASS FLORIDA LLC · MLS# A4703378
Property Details
Description
Some properties offer a view. This extraordinary 1.41 acre Oyster Bay estate offers an entire waterfront world of its own and is one of the best waterfront locations that Sarasota has to offer, with more than 430 feet along Sarasota Bay and a setting that feels virtually irreplaceable. Spanish and Mediterranean inspired architecture lends warmth, character, and timeless sophistication to this remarkable six bedroom residence, while its expansive shoreline creates a front row seat to spectacular sunsets, passing boats, and the natural beauty of Sarasota’s coastal landscape. With access to the Intracoastal Waterway and Gulf of Mexico, this is a rare opportunity for the luxury buyer who believes life is best lived on the water. Spanning more than 10,000 total square feet, with nearly all principal living areas on one level, the home was created for both grand entertaining and relaxed waterfront living. Dramatic ceilings, distinctive architectural details, expansive windows, and a spectacular gallery space with an interior fountain establish a sense of occasion, while multiple intimate gathering areas make the estate equally comfortable for everyday life. A commercial grade chef’s kitchen with professional appliances is equipped for effortless entertaining, from elegant dinners to large celebrations. The primary suite is a private sanctuary framed by beautiful bay views, featuring an expansive custom wardrobe and an indulgent bath with soaking tub, oversized shower, and dedicated massage and sauna room. Five additional bedroom suites provide exceptional privacy for family and guests, each with its own bath and generous storage. Beyond the interiors, the estate unfolds like a private resort. A swimming pool, tennis court, fitness room, billiard room, private office, three car garage, abundant storage, and permitted dock replacement create a property designed for recreation, relaxation, and life on the water. A new roof completed in 2024 adds further value and peace of mind. The address is equally exceptional. Oyster Bay Estates places you near The Field Club, Siesta Key, Southside Village, Sarasota Memorial Hospital, and Downtown Sarasota, offering remarkable access to world class beaches, boating, fine dining, shopping, arts, and culture while remaining tucked within a prestigious waterfront enclave. For those with an even greater vision, the magnificent acreage and extraordinary bay frontage also present the opportunity to create a completely new custom waterfront estate. The property may offer potential for division into two buildable homesites if the existing residence is removed, subject to verification and applicable approvals. With its commanding Sarasota Bay frontage, boating access, acreage, privacy, and coveted location, 1136 N Lake Shore Drive is not simply a place to live. It is the opportunity to claim an extraordinary piece of Sarasota’s waterfront lifestyle.
Facts & Costs
- Property type
- Single Family Residence
- Year built
- 1954
- Lot size
- 1.41 acres
- Stories
- 2
- Garage
- 3 spaces
- Half baths
- 2
- Price per sq ft
- $1,111
- Days on market
- 42
- Private pool
- Yes
- Waterfront
- Yes
- Community
- Oyster Bay Estates
- Subdivision
- OYSTER BAY ESTATES
- County
- Sarasota
- Flood zone
- AE
Monthly & yearly costs
- Property taxes
- $86,399 / year (2025)
As reported by the listing agent. Verify with the HOA and county.
Construction & systems
- Heating
- Central
- Cooling
- Central Air, Zoned
- Flooring
- Carpet, Marble, Tile, Wood
- Roof
- Tile
- Construction
- Block
- Parking
- Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Guest
- View
- Water
Payment Estimate
$64,718 / month
- Principal & interest
- $57,518
- Property taxes
- $7,200
- HOA
- $0
- Home insurance
- enter below
Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.
Location
Features & Amenities
- Disposal
- Dryer
- Electric Water Heater
- Washer
- Built-in Features
- Ceiling Fans(s)
- Crown Molding
- High Ceilings
- Primary Bedroom Main Floor
- Sauna
- Split Bedroom
- Thermostat
- Tray Ceiling(s)
- Vaulted Ceiling(s)
- Window Treatments
- French Doors
- Lighting
- Sliding Doors
- Tennis Court(s)
- In Ground
- Bay/Harbor
- Intracoastal Waterway
Information deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of Sep 30, 2026, 6:15 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by MLS GRID.
Some IDX listings have been excluded from this website (this site shows active for-sale and for-rent listings in its service area and honors seller opt-out requests).
Notice a listing that's inaccurate? Email listings@keysofsarasota.com and we'll correct or remove it. See our full IDX / DMCA policy for details.
